Philadelphia Supermarket Competition Is Keen

Here we go again.

The venerable Genuardi's supermarket chain is closing another store.

This time it's the Towamencin Village Square market in Lansdale, which will shut down Saturday, nearly 20 years to the day after it opened.

Lately, it seems as if every month brings a new Genuardi's closing.

Last spring, the Voorhees store went out of business, followed by one in the Edgemont Square Shopping Center in Newtown Square in July and two in August – in Tredyffrin's Chesterbrook community and the Glen Eagle Shopping Center in Concord.

The problem for Genuardi's is that Philadelphia is "overstored," said Richard George, a professor of food marketing at St. Joseph's University.

To read the rest of the story, please go to: The Philadelphia Inquirer.

Photo by Ed Hille, The Philadelphia Inquirer.